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[–]WickedWitchOfTheWest 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

Lawsuit filed to stop Biden’s ‘lawless’ student loan bailout

The lawsuit, filed on behalf of the legal nonprofit’s own employee Frank Garrison, argued that Biden’s bailout is a “lawless action” that must be stopped.

The suit argued that Garrison is harmed by the bailout because he will have to pay higher taxes in Indiana on the forgiven loan, despite his participation in a separate, established program that wipes away part of his debt.

“As a part of an existing, congressionally authorized Public Service Loan Forgiveness (PSLF) program, [Garrison] will receive debt forgiveness after making 10 years of payments on his loans,” PLF stated in its news release. “The challenged program will stick him with a new state tax bill which he would not have under his existing PSLF program.”

The lawsuit challenges the legality of the Department of Education program, created without following the normal steps for issuing new regulations or initiatives.

The DOE “did not undertake the notice-and-comment process required for rulemaking, much less solicit any public input,” the attorneys argued in the lawsuit.